steve liesman has the answers next. first, rick santelli, what are you working on in the next big hour of "squawk on the street"? >> well, they say, melissa lee, that imitation is the sincerest form of flattery. i don't think it's a big reach to consider that the u.s. seems to be striving to be more european in many ways. a topic for santelli exchange today is going to be bending it like europe. fizzle and sizzle cycles. what have we learned? what should we expect? top of the hour. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >> want